Related Capstone Lessons

Unit 2: Lesson 8 - A Picture Is Worth a Thousand Words: Demand

This lesson asks students to analyze the relationship between changing prices and changes in consumer behavior, to create and understand the demand schedule graph, and to identify how various determinants of demand change the relative location of the demand schedule.

Concepts:

  • Demand
  • Price
  • Determinants of Demand
Standards:
  • Standard #4: Incentives
  • Standard #8: Role of Prices

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